Positional Trade - Welspun Living

24 Dis 2023

Hi,
There seems some tech glitch - Chart shows only 2 weeks Price History

Call details in the Chart

Part of the US$ 2.7 billion Welspun Group, is one of the largest home textile manufacturers in the world. The Company offers a wide spectrum of Home & Technical textile products and Flooring solutions. The Company has established itself as a thought leader within the home textile industry over the years and continue to focus on the enablers viz. Innovation, Branding and Sustainability to consolidate its leadership position.

WIL's distribution network is spanning in more than 50 countries, making it the largest exporter of home textile products from India. WIL has been a regular supplier to leading retail chains over many years such as Walmart Stores, Costco, Kohls, Bed Bath & Beyond, Ikea, Macy's, etc, which provides revenue stability to the company.
Strong Presence in the USA and Europe
Almost 84% of the revenues come from the exports to US and European regions. USA accounts for around 67% of the company's sales, followed by the European Union (17%), India (7%), and the Rest of the World (9%). It has immense market shares and is responsible for 19% supply in the USA Towels market and 11% supply in the US Sheets market
Debt Reduction
The company is constantly making efforts to become debt free, and has reduced its net debt by 48% since FY20



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Regards,
Naresh G
Sebi Reg. RA

10 Jan

Dagangan aktif

158

31 Jan

Dagangan aktif

High 171.25

T1 Done

23 Feb

Dagangan aktif

DON'T MISS

13 Mac

Dagangan aktif

Weak Mkt

Low 133 & Closed @ 135.55

9 Jul

Dagangan aktif

🚀

31 Jul

Dagangan aktif

191 High

6 Ogo

Dagangan aktif

193.70 @ 10:15am

8 Ogo

Dagangan aktif

Company has announced buyback @ my final Tgt rate

Now - it is expected to move North only after buyback closing date

27 Ogo

Dagangan aktif

High 205
heading towards T5